Hudson Value Partners LLC Raises Stake in ESAB Corporation $ESAB

Hudson Value Partners LLC lifted its stake in shares of ESAB Corporation (NYSE:ESAB) by 19.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,729 shares of the company’s stock after purchasing an additional 10,915 shares during the quarter. ESAB comprises about 1.6% of Hudson Value Partners LLC’s investment portfolio, making the stock its 20th largest position. Hudson Value Partners LLC owned approximately 0.11% of ESAB worth $6,483,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in ESAB. Thrivent Financial for Lutherans lifted its stake in shares of ESAB by 0.7% in the second quarter. Thrivent Financial for Lutherans now owns 13,417 shares of the company’s stock valued at $1,617,000 after purchasing an additional 95 shares during the period. Public Employees Retirement System of Ohio grew its position in ESAB by 0.5% during the third quarter. Public Employees Retirement System of Ohio now owns 19,605 shares of the company’s stock worth $2,191,000 after buying an additional 107 shares during the period. HB Wealth Management LLC grew its position in ESAB by 5.0% during the first quarter. HB Wealth Management LLC now owns 2,479 shares of the company’s stock worth $240,000 after buying an additional 118 shares during the period. Coldstream Capital Management Inc. increased its holdings in ESAB by 5.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,689 shares of the company’s stock valued at $300,000 after buying an additional 149 shares in the last quarter. Finally, Lafayette Investments Inc. increased its holdings in ESAB by 0.5% in the fourth quarter. Lafayette Investments Inc. now owns 34,266 shares of the company’s stock valued at $3,828,000 after buying an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 91.13% of the company’s stock.

Insider Activity

In related news, Director Rhonda L. Jordan sold 1,000 shares of ESAB stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $95.00, for a total transaction of $95,000.00. Following the completion of the transaction, the director directly owned 1,000 shares in the company, valued at $95,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ESAB has been the topic of several research analyst reports. Oppenheimer decreased their price target on ESAB from $140.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 21st. DA Davidson started coverage on ESAB in a research note on Monday, June 15th. They issued a “buy” rating and a $130.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ESAB in a report on Friday, July 24th. Roth Capital lifted their price objective on ESAB from $142.00 to $151.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Finally, Stifel Nicolaus decreased their target price on ESAB from $141.00 to $137.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $138.38.

ESAB Stock Performance

NYSE:ESAB opened at $87.99 on Wednesday. The company has a current ratio of 1.96, a quick ratio of 1.22 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $5.47 billion, a P/E ratio of 31.54, a price-to-earnings-growth ratio of 1.67 and a beta of 1.19. The firm has a 50-day moving average price of $91.69 and a two-hundred day moving average price of $101.68. ESAB Corporation has a twelve month low of $82.18 and a twelve month high of $137.42.

ESAB (NYSE:ESAB) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.04). The business had revenue of $807.63 million during the quarter, compared to analysts’ expectations of $755.64 million. ESAB had a net margin of 5.75% and a return on equity of 14.48%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period last year, the company earned $1.36 EPS. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. As a group, research analysts expect that ESAB Corporation will post 5.46 earnings per share for the current fiscal year.

About ESAB

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.